A sale down the road is not evidence until it is adjusted for how it differs from this home. Here is each sale we used, what we changed, and by how much.

22 Elizabeth Crescent

Sold 16 February 2026 · 0.77 km away

Sold for

$1,570,000

Adjusted to this home

$1,555,768

What we added and subtracted to make this sale comparable to 11 Meridien Avenue
Micro-location	this home 0.15 · comparable 0.0807	+$87,041
Floor area	this home 134 m² · comparable 199 m²	−$69,836
Condition	this home 7 · comparable 8	−$62,800
Land size	this home 425 m² · comparable 331 m²	+$41,360
Year built	this home 2004 · comparable 2010	−$16,800
Cladding	this home 3 · comparable 1	+$11,984
Distance to beach	this home 4.42 km · comparable 4.17 km	−$5,181
Net adjustment		−$14,232

A further 11 factors were compared and found the same on both properties, so no money moved.

20 Daryl Drive

Sold 29 October 2025 · 0.56 km away

Sold for

$1,570,000

Adjusted to this home

$1,529,776

What we added and subtracted to make this sale comparable to 11 Meridien Avenue
Condition	this home 7 · comparable 9	−$157,000
Micro-location	this home 0.15 · comparable 0.0291	+$151,850
Street	this home 0.15 · comparable 0.0704	+$99,978
Floor area	this home 134 m² · comparable 201.88 m²	−$72,930
Land size	this home 425 m² · comparable 586 m²	−$70,840
Year built	this home 2004 · comparable 1998	+$16,800
Distance to beach	this home 4.42 km · comparable 4.03 km	−$8,082
Net adjustment		−$40,224

A further 11 factors were compared and found the same on both properties, so no money moved.

40 Gerona Circuit

Sold 26 May 2026 · 0.66 km away

Sold for

$1,410,000

Adjusted to this home

$1,550,736

What we added and subtracted to make this sale comparable to 11 Meridien Avenue
Street	this home 0.15 · comparable 0.0518	+$110,770
Micro-location	this home 0.15 · comparable 0.0943	+$62,830
Floor area	this home 134 m² · comparable 188 m²	−$58,018
Distance to beach	this home 4.42 km · comparable 5.03 km	+$11,354
Land size	this home 425 m² · comparable 400 m²	+$11,000
Year built	this home 2004 · comparable 2003	+$2,800
Net adjustment		+$140,736

A further 12 factors were compared and found the same on both properties, so no money moved.

5 Palma Crescent

Sold 27 March 2026 · 0.70 km away

Sold for

$1,395,000

Adjusted to this home

$1,488,667

What we added and subtracted to make this sale comparable to 11 Meridien Avenue
Water views	this home 0 · comparable 1	−$125,394
Street	this home 0.15 · comparable 0.0399	+$122,872
Pool	this home 1 · comparable 0	+$74,792
Micro-location	this home 0.15 · comparable 0.0871	+$70,197
Condition	this home 7 · comparable 8	−$55,800
Floor area	this home 134 m² · comparable 172.46 m²	−$41,322
Land size	this home 425 m² · comparable 350 m²	+$33,000
Distance to beach	this home 4.42 km · comparable 5.1 km	+$12,522
Year built	this home 2004 · comparable 2003	+$2,800
Net adjustment		+$93,667

A further 9 factors were compared and found the same on both properties, so no money moved.

41 Gerona Circuit

Sold 26 May 2026 · 0.79 km away

Sold for

$1,410,000

Adjusted to this home

$1,574,610

What we added and subtracted to make this sale comparable to 11 Meridien Avenue
Street	this home 0.15 · comparable 0.0518	+$110,770
Micro-location	this home 0.15 · comparable 0.0822	+$76,478
Pool	this home 1 · comparable 0	+$74,792
Land size	this home 425 m² · comparable 586 m²	−$70,840
Floor area	this home 134 m² · comparable 174 m²	−$42,976
Distance to beach	this home 4.42 km · comparable 5.15 km	+$13,586
Year built	this home 2004 · comparable 2003	+$2,800
Net adjustment		+$164,610

A further 11 factors were compared and found the same on both properties, so no money moved.

11 Grenada Court

Sold 12 June 2026 · 0.67 km away

Sold for

$1,350,000

Adjusted to this home

$1,557,446

What we added and subtracted to make this sale comparable to 11 Meridien Avenue
Bedrooms	this home 4 · comparable 3	+$77,994
Pool	this home 1 · comparable 0	+$74,792
Land size	this home 425 m² · comparable 295 m²	+$57,200
Condition	this home 7 · comparable 8	−$54,000
Micro-location	this home 0.15 · comparable 0.1321	+$19,332
Floor area	this home 134 m² · comparable 118.7 m²	+$16,438
Cladding	this home 3 · comparable 2	+$5,992
Year built	this home 2004 · comparable 2002	+$5,600
Distance to beach	this home 4.42 km · comparable 4.65 km	+$4,098
Net adjustment		+$207,446

A further 8 factors were compared and found the same on both properties, so no money moved.

39 Brier Crescent

Sold 16 May 2026 · 0.54 km away

Sold for

$1,302,000

Adjusted to this home

$1,528,405

What we added and subtracted to make this sale comparable to 11 Meridien Avenue
Street	this home 0.15 · comparable -0.0225	+$179,676
Micro-location	this home 0.15 · comparable 0.0157	+$139,887
Land size	this home 425 m² · comparable 708 m²	−$124,520
Bedrooms	this home 4 · comparable 3	+$77,994
Pool	this home 1 · comparable 0	+$74,792
Condition	this home 7 · comparable 8	−$52,080
Car spaces	this home 2 · comparable 3	−$47,404
Year built	this home 2004 · comparable 2013	−$25,200
Cladding	this home 3 · comparable 1	+$11,984
Floor area	this home 134 m² · comparable 141 m²	−$7,521
Distance to beach	this home 4.42 km · comparable 4.35 km	−$1,203
Net adjustment		+$226,405

A further 7 factors were compared and found the same on both properties, so no money moved.

56 Southlake Drive

Sold 21 July 2026 · 0.68 km away

Sold for

$1,660,000

Adjusted to this home

$1,709,662

What we added and subtracted to make this sale comparable to 11 Meridien Avenue
Condition	this home 7 · comparable 9	−$166,000
Micro-location	this home 0.15 · comparable 0.0447	+$139,838
Street	this home 0.15 · comparable 0.0515	+$130,808
Car spaces	this home 2 · comparable 3	−$47,404
Year built	this home 2004 · comparable 1993	+$30,800
Air conditioning	this home 0 · comparable 1	−$20,000
Distance to beach	this home 4.42 km · comparable 3.76 km	−$16,374
Land size	this home 425 m² · comparable 432 m²	−$3,080
Floor area	this home 134 m² · comparable 133 m²	+$1,074
Net adjustment		+$49,662

A further 9 factors were compared and found the same on both properties, so no money moved.

We are not claiming to be more accurate than anyone else. We are showing you the sales, the adjustments and the band they produce, so you can judge the number yourself.

Will Simpson, Fields Real Estate — Will SimpsonFields Real Estate

Your market update

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 11 Meridien Avenue sit?

Gold Coast homes listed for 60 to 180 days rose from 1,288 in March to 2,618 in August (SQM Research). A rising count of homes sitting unsold has historically been associated with downward pressure on asking prices.

But property markets do not move as one—and neither do individual homes.

We traced the estimated value of 11 Meridien Avenue over the past 18 months, compared it with Varsity Lakes’s wider market, and examined the indicators most likely to reveal what happens next.

Market intelligence

7 reports

Varsity Lakes

Should I Sell Now?

Absorption Rate: 2.2 months

Varsity Lakes

Is Now a Good Time to Buy?

12-Month Median Sale Price: $1,400,000 (90% CI $1,357,500 to $1,445,000; n=130)

Varsity Lakes

Crash Risk

12-Month Median Price (Varsity Lakes): $1,400,000 (90% CI $1,357,500–$1,445,000, n=130)

Varsity Lakes

Market Overview

12-Month Median Sale Price: $1,400,000 (90% CI $1,357,500 to $1,445,000; n=130)

Varsity Lakes

Houses vs Units

Asking Price Spread, Houses Vs Units: $521,294 ($1,442,508 houses vs $921,214 units, as at 2026-09-25)

Varsity Lakes

Market Direction

12-Month Median Price: $1,400,000 (90% CI $1,357,500 to $1,445,000, n=130)

Varsity Lakes

Suburb Comparison

12-Month Median Price: $1,400,000 (90% CI $1,357,500 to $1,445,000, n=130)

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Reports for this address

Valuation Report

The full comparable-sales assessment for this home — the evidence, adjustment grid and reconciliation behind the range. The same report you can open above.

Property Positioning Report

The document we prepare before a home goes to market — valuation evidence, comparables and market position, with a cover prepared for this address.

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Market Update Report

The recent nearby sales adjusted to this home, weighed against the national headlines — the same report you can open above.

Why I built Fields

Will Simpson · 84 seconds

If you sold today

16 houses are already on the market in Varsity Lakes.

See the homes buyers can choose from — and the market your home would enter.

See houses for sale in Varsity Lakes →See the Varsity Lakes property market →

11 Meridien Avenue

Houses for sale nearby

New listings & latest sales

Where your competition sits

Your valuation

The 8 sales behind that range — and every adjustment

22 Elizabeth Crescent

20 Daryl Drive

40 Gerona Circuit

5 Palma Crescent

41 Gerona Circuit

11 Grenada Court

39 Brier Crescent

56 Southlake Drive

Gold Coast homes sitting unsold for 60 to 180 days doubled from March to August. Where does 11 Meridien Avenue sit?